The main entity that this text revolves around is the Initial Public Offering (IPO) of Facebook[1]. An IPO, commonly referred to as “going public,” is a process where a private company offers its shares to the public for purchase for the first time. In the case of Facebook, its IPO took place in 2012 and was a significant event in the business world. It sought to raise $5 billion, and the company’s valuation after this move was aimed to be between $77-96 billion. However, the company’s share value struggled to stay above the IPO price. The IPO was marred by controversies such as lawsuits and regulatory investigations, which had a significant impact on the reputations of the involved parties. The IPO also resulted in increased scrutiny of financial institutions and ongoing legal battles.
The technology company Facebook, Inc., held its oferta pública inicial (IPO) on Friday, May 18, 2012. The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.